$1,850,000
$2,100,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 09/23/2014
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CC336366
Sold Date 09/23/14
HOA Y/N No
Year Built 1947
Annual Tax Amount $3,604
Tax Year 2014
Lot Size 3,920 Sqft
Property Description
Fabulous corner location where Washington Blvd and Washington Place connect at Tilden Avenue in trendy Culver City. Great exposure. 3 units, 100% occupied, 1 month to month, 2 on NNN leases. Gross income $110,100/year. NOI $104,096, CAP Rate 5% Short term leases make this perfect for Owner/User, occupy one unit and collect income from the other two units! Completely renovated inside and out, including new roof, earthquake retrofit, air/heating, plumbing, electrical and new accessible bathrooms.. Completely wired for internet/phone/security. Close to Mosque, Sony Studios, NFL Headquarters and trendy restaurants of downtown Culver City. Excellent location. Call or text Teri at 310-309-0345. Comments Title: Great Investment/Owner User in Trendy Culver City. Location:Corner.
Location
State CA
County Los Angeles
Area C28 - Culver City
Interior
Fireplace No
Building
Story 1
Water Public
Others
Tax ID 4213008022
Security Features Security System
Special Listing Condition Standard
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Bought with Karolin Poursalimi • Nelson Shelton & Associates